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[भागII—खण्ड 3(i)]
भारतकाराजपत्र:असाधारण
9
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 8th June, 2021
(INCOME-TAX)
G.S.R. 395(E).— In exercise of the powers conferred by sections 194,194A,194Q, 196D, 206AB and
206CCAread with section 295 of the Income-tax Act, 1961, (43 of 1961) the Central Board of Direct Taxes hereby
makes the following rules further to amend the Income-tax Rules, 1962, namely:-
1. Short title and commencement. –– (1) These rules may be called the Income-tax (17th Amendment) Rules, 2021.
(2) Save as otherwise provided in these rules, they shall come into force from the date of their publication in
the Official Gazette.
2. In the Income-tax Rules, 1962 (hereinafter referred to as the principal rules), in rule 31A, in sub-rule (4) ––
(a) for clause ‘(x)’ the following clause shall be substituted namely: -
‘(x) furnish particulars of amount paid or credited on which tax was not deducted or deducted at lower rate in
view of the notification issued under sub-section (5) of section 194A or in view of exemption provided under
clause (x) of sub-section (3) of section 194A.’;
(b) after clause (xiii), the following clauses shall be inserted namely: -
“(xiv) furnish particulars of amount paid or credited on which tax was not deducted in view of clause (d) of
the second proviso to section 194 or in view of the notification issued under clause (e) of the second proviso
to section 194;
(xv) furnish particular of amount paid or credited on which tax was not deducted in view of proviso to sub-
section (1A) or in view of sub-section (2) of section 196D.;
(xvi) furnish particulars of amount paid or credited on which tax was not deducted in view of sub-section
(5) of section 194Q with effect from 1st day of July,2021.”.
3.
In the principal rules, in Appendix II, in form 26A, in Annexure A, in clause (ii), the words “, who is a
resident,” shall be omitted.
4.
In the principal rules, in Appendix II, in form 26Q ––
(a) for the brackets, words, figures and letters “[See sections 192A, 193, 194, 194A, 194B, 194BB, 194C,
194D, 194DA, 194EE, 194F, 194G, 194H, 194-I, 194J, 194K, 194LA, 194LBA, 194LBB, 194LBC, 194N,
194-O, 197A and rule 31A]” the following brackets, words, figures and letters, shall be substituted namely: -
“[See sections 192A, 193, 194, 194A, 194B, 194BB, 194C, 194D, 194DA, 194EE, 194F, 194G, 194H, 194-I,
194J, 194K, 194LA, 194LBA, 194LBB, 194LBC, 194N, 194-O, 194Q, 197A, 206AA, 206AB and rule
31A]”;
(b) for the “Annexure”, the following “Annexure” shall be substituted, namely: -
10
THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II—SEC. 3(i)]
BSR Code of branch/Receipt Number of Form No. 24G
Date on which challan deposited/Transfer voucher date (dd/mm/yyyy)
Challan Serial Number / DDO Serial No. of Form No. 24G
Amount as per Challan
Total tax to be allocated among deductees/payees as in the vertical total of Col. 421
Total interest to be allocated among the deductees/payees mentioned below
Name of the
Deductor/Payer
TAN
“ANNEXURE: DEDUCTEE/PAYEE WISE BREAK UP OF TDS
(Please use separate Annexure for each line-item in Table at Sl. No. 4 of main Form 26Q)
Details of amount paid/credited during thequarterended…
(dd/mm/yyyy) and of tax deducted atsource
Sl.
No.
Deductee
/payee
reference
number
provided
by the
deductor/
payer, if
available
Deduct
ee/
payee
code
(01-
Comp
any
02-
Other
than
comp
any)
PAN of
the
deductee
/ payee
Name
of the
deduct
ee/
payee
Section
code
(See
Note
16)
Date
of
payme
nt or
credit
(dd/m
m/
yyyy)
Amou
nt paid
or
credite
d
Amount of
cash
withdrawal
in excess of
Rs. 1 crore
as referred
to in section
194N
(in cases not
covered by
the first
proviso to
section
194N)
Amount of cash
withdrawalwhic
h is in excess of
Rs. 20lakh but
does not exceed
Rs 1 crore for
cases covered
by sub-clause
(a) of clause (ii)
of first proviso
to section 194N
Amount of
cash
withdrawal in
excess of Rs.
1 crore for
cases covered
by sub-clause
(b) of clause
(ii) of first
proviso to
section 194N
Total
tax
deduct
ed
Total
tax
deposit
ed
Date of
deductio
n
(dd/mm/
yyyy)
Rate at
which
deduct
ed
Reason
for non-
deduction
/
lower
deduction/
Higher
Deduction/
Threshold/
Transporter
etc. (See
notes 1 to 15)
Number of
the
certificate
under
section 197
issued by
the
Assessing
Officer for
non-
deducti
on/
lower
deducti
on
[412]
[413]
[414]
[415]
[416]
[417]
[418]
[419]
[419A]
[419B]
[419C]
[420]
[421]
[422]
[423]
[424]
[425]
1
2
3
Total
Verification
I, ........................................................................... , hereby certify that all the particulars furnished above are correct andcomplete.
[भागII—खण्ड 3(i)]
भारतकाराजपत्र:असाधारण
11
Place: …………………..
…………………………………………..
Signature of the person responsible for deducting tax at source
Date: …………………..
………….………………………………..
Name and designation of the person responsible for deducting tax at source
Notes:
1. Write “A” if “lower deduction” or “no deduction” is on account of a certificate under section197.
2. Write “B” if no deduction is on account of declaration under section197A other than the cases mentioned in sub-section (1F) of section 197A.
3. Write “C” if deduction is on higher rate under section 206AA on account of non-furnishing of PAN.
4. Write “D” if no deduction or lower deduction is on account of payment made to a person or class of person on account of notification issued under sub-section (5) of
section 194A.
5. Write “E” if no deduction is on account of payment being made to a person referred to in Board Circular No. 3 of 2002 dated 28th June 20002 or Board Circular No. 11 of
2002 dated 22nd November 2002 or Board Circular No. 18/2017 dated 29th May 2017
6. Write “Y” if no deduction is on account of payment below threshold limit specified in the Income-tax Act,1961.
7. Write “T” if no deduction is on account of deductee/payee being transporter. PAN of deductee/payee is mandatory[section194C(6)].
8. Write “Z” if no deduction or lower deduction is on account of payment being notified under section197A(1F).
9. Write “M” if no deduction or lower deduction is on account of notification issued under second proviso to section 194N.
10. Write“N” if no deduction or lower deduction is on account of payment made to a person referred to in the third proviso to section194Nor on account of notification
issued under fourth proviso to section194N.
11. Write “O” if no deduction is as per the provisions of sub-section (2A) of section 194LBA.
12. Write “P” if no deduction is on account of payment of dividend made to a business trust referred to in clause (d) of second p roviso to section 194 or in view of any
notification issued under clause (e) of the second proviso to section 194.
13. Write “Q” if no deduction in view of payment made to an entity referred to in clause (x) of sub-section (3) of section 194A.
14. Write “S” if no deduction is in view of the provisions of sub-section (5) of section 194Q.*
15. Write “U” if the deduction is on higher rate in view of section 206AB for non-filing of return of income*.
16. List of section codes is asunder:
Section
Nature of Payment
Section Code
192A
Payment of accumulated balance due to an employee
192A
193
Interest on securities
193
12
THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II—SEC. 3(i)]
194
dividend
194
194A
Interest other than interest on securities
94A
194B
Winnings from lotteries and crossword puzzles
94B
194BB
Winnings from horse race
4BB
194C
Payment of contractors and sub-contractors
94C
194D
Insurance Commission
94D
194DA
Payment in respect of life insurance policy
4DA
194EE
Payments in respect of deposits under National Savings Schemes
4EE
194F
Payments on account of repurchase of Units by Mutual Funds or UTIs
94F
194G
Commission, prize etc., on sale of lottery tickets
94G
194H
Commission or Brokerage
94H
194-I(a)
Rent
4-IA
194-I (b)
Rent
4-IB
194J(a)
Fees for Technical Services (not being professional service), royalty for sale, distribution or exhibition of cinematographic
films and call center(@2%)
94J-A
194J(b)
Fee for professional service or royalty etc (@10%)
94J-B
194K
Income in respect of units
94K
194LA
Payment of Compensation on acquisition of certain immovable property
4LA
194LBA(a)
Certain income in the form of interest from units of a business trustto a resident unit holder
4BA1
194LBA(b)
Certain income in the form of dividend from units of a business trust to a resident unit holder
4BA2
194LB
Income in respect of units of investment fund
LBB
194LBC
Income in respect of investment in securitization trust
LBC
194N
Payment of certain amounts in cash
94N
194N First
Proviso
Payment of certain amounts in cash to non-filers
94N-F
[भागII—खण्ड 3(i)]
भारतकाराजपत्र:असाधारण
13
194-O
Payment of certain sums by e-commerce operator to e-commerce participant
94O
194Q*
Payment of certain sums for purchase of goods
94Q”
* Note:- In relation to section 194Q and section 206AB, the changes shall come into effect from 1st July, 2021.
5. In the principal rules, in Appendix II, in form 27EQ,-
(a) for the brackets, words, figures and letters“[See section 206C and rule 31AA]”, the following brackets, words, figures and letters, shall be substituted namely:-
“[See section 206C, 206CC, 206CCA and rule 31AA]”;
(b) for the “Annexure”, the following “Annexure” shall be substituted, namely:-
“ANNEXURE -: PARTY WISE BREAK UP OF TCS
(Please use separate Annexure for each-line item in Table at Sl. No. 04 of main Form 27EQ) Details of amount received/debited during
thequarterended ................................................................................ (dd/mm/yyyy) and of tax collected at source
Sl.
No.
Party ref
er-
encenum
- ber
pro-
vided
by the
collec-
tor, if
avail-
Party
code
(01-
Com-
pany
02-
Other
than
com-
pany)
PAN
of the
party
Name of
party
Total
value
of the
tran-
sactio
n
Amo-
untrecei
- ved/
debi-
ted
Date on
which
amo-
untrece-
ived/
debi-
ted (dd/
mm/
yyyy)
Colle-
ction
Code
(See
Note
10)
Tax Sur-
char
ge
Educ-
ationCe
ss
Total
tax
collec-
ted
[673+
674+
675]
Total
tax
depo-
sited
Date of
collec-
tion (dd/
mm/
yyyy)
Rate at
which
collec-
ted
Reason
for non-
collec-
tion/
lower
collec-
tion/ or
collec-
tion at
higher
Number
of the
certif i-
cate u/s
206C
issued by
the Asse-
ssing
Officer
for lower
Whether the
payment by
collectee is
liable to TDS
as per clause
(a) of the fifth
proviso to
sub-section
(1G) or
second
If, answer to [681A]
is yes, then
BSR Code of branch/Receipt Number of Form No. 24G
Date on which challan deposited/Transfer voucher date
(dd/mm/yyyy)
Challan Serial Number/DDO Serial No. of Form No. 24G
Amount as per Challan
Total TCS to be allocated among deductees as in the vertical
total of Col. 677
Total interest to be allocated among the parties mentioned below
Name of the
Collector
TAN
14
THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II—SEC. 3(i)]
able
rate
(See
Note 1
to 9)
collec-
tion of tax
proviso to
sub-section
(1H) and
whether TDS
has been
deductedfrom
such payment
(if either "F"
or"G" is
selected in
680)
Challan
number
Date of
pay- ment
of TDS to
Central
Gover-
nment
[664] [665]
[666] [667] [668]
[669] [670]
[671]
[672]
[673
]
[674
]
[675]
[676]
[677] [678]
[679]
[680]
[681]
[681A]
[681B
[681C]
1
2
3
Total
Verification
I,
, hereby certify that all the particulars furnished above are correct and complete.
Place: ………………….. Signature of the person responsible for collecting tax at source
…………………..
Date: ………………….. Name and designation of the person responsible for collecting tax at source
…………………..
Notes:
1.
Write "A" if "lower collection" is on account of a certificate under sub-section (9) of section 206C.
2.
Write "B" if "non-collection" is on account of furnishing of declaration under sub-section (1A) of section 206C.
3.
Write "C" if collection is at higher rate under section 206CC on account of non-furnishing of PAN/Aadhaar by the collectee
4.
Write "D" if no collection is on account of the first proviso to sub-section (1G) of section 206C.
5.
Write "E" if no collection is on account of the fourth proviso to sub-section (1G) of section 206C.
6.
Write "F" if no collection is on account clause (i) or clause (ii) of the fifth proviso to sub-section (1G) or in view of notification issued under the clause (ii).
7.
Write "G" if no collection is on account of the second proviso to sub-section (IH) of section 206C.
[भागII—खण्ड 3(i)]
भारतकाराजपत्र:असाधारण
15
8.
Write "H" if no collection is on account of sub-clause (A) or sub-clause (B) or sub-clause (C), or in view of notification issued under sub-clause (c), of clause (a) of
the Explanation.
9.
Write “I” if collection is at a higher rate in view of section 206CCA*.
10.
Write collection code as mentioned below:
Section
Nature of collection
Collection Code
206C
Collection at source from alcoholic liquor for human consumption
6C
A
206C
Collection at source from timber obtained under forest lease
6C
B
206C
Collection at source from timber obtained by any mode other than a forest lease
6C
C
206C
Collection at source from any other forest produce (not being tendu leaves)
6C
D
206C
Collection at source from scrap
6C
E
206C
Collection at source from contractors or licensee or lease relating to parking lots
6C
F
206C
Collection at source from contractors or licensee or lease relating to toll plaza
6C
G
206C
Collection at source from contractors or licensee or lease relating to mine or quarry
6C
H
206C
Collection at source from tendu leaves
6C
I
206C
Collection at source on sale of minerals, being coal or lignite or iron ore
6C
J
206C
Collection at source on cash sale of bullion and jewellery
6C
K
206C
Collection at source on sale of motor vehicle
6C
L
206C
Collection at source on remittance under LRS for purchase of overseas tour program package
6C
O
206C
Collection at source on remittance under LRS for educational loan taken from financial institution mentioned in section 80E
6C
P
206C
Collection at source on remittance under LRS for purpose other than for purchase of overseas tour package or for educational loan
taken from financial institution
6C
Q
206C
Collection at source on sale of goods
6C
R”
* Note In relation to section 206CCA, the changes shall come into effect from 1st July, 2021.
6. In principal rules, in Appendix II, in Form 27Q, –
(a) for the brackets, words, figures and letters“[See section 194E, 194LB, 194LBA, 194LBB, 194LBC, 194LC, 194N, 195, 196A, 196B, 196C, 196D, 197A and rule 31A]”, the
following brackets, words, figures and letters shall be substituted, namely:-
“[See section 194E, 194LB, 194LBA, 194LBB, 194LBC, 194LC, 194N, 195, 196A, 196B, 196C, 196D, 197A, 206AA, 206AB and rule 31A]”;
(b) for the “Annexure”, the following “Annexure” shall be substituted, namely:-
16
THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II—SEC. 3(i)]
BSR Code of branch/Receipt Number of Form No. 24G
Date on which challan deposited/Transfer voucher date (dd/mm/yyyy)
Challan Serial Number/DDO Serial No. of Form No. 24G
Amount as per Challan
Total TDS to be allocated among deductees as in the vertical total of Col. 726
Total interest to be allocated among the deductees mentioned below
TAN
“ANNEXURE: DEDUCTEE WISE BREAK UP OF TDS
(Please use separate Annexure for each line item in Table at Sl. No. 04 of main Form 27Q)
Details of amount paid/credited during the quarter ended (dd/mm/yyyy) and of tax deducted at source
Name of the Deductor/Payer
Sl.
Deducte
e
Deductee
[Permanent Name of
Sectio
Date of
Amount of Amount of
cash
withdrawal
which is in
excess of
Rs.
20
lakhs but
does not
exceed
Rs. 1
crore for
cases
covered
by sub-
clause
(a)
of
clause (ii)
of first
proviso to
section
194N
Amount of
Amoun
t
Tax
Surcharge Education Total
tax
deduc
ted
[722+
723 +
724]
Total tax
No.
reference
number
Code(01-
Company
Account
Numberor
the
deduct
ee
n code
(See
payment or
credit
cash
withdrawal
cash
withdrawal
paid or
credite
d
Cess
deposited
provided
02-Other
Aadhaar
Note
(dd/mm/yyy
y)
in excess
which is in
by the
than
Number]
11)
of Rs. 1
excess of
deductor
,
company
)
of the
core
as
Rs. 1 crore
if
deductee
referred to
for cases
availabl
e
[see note
in section
covered by
12]
194N (in
sub-clause
cases not
(b)
of
covered by
clause (ii)
the
first
of
first
proviso to
proviso to
Section
194N)
Section
194N
[714]
[715]
[716]
[717]
[718]
[719]
[720]
[720A]
[720B]
[720C]
[721]
[722]
[723]
[724]
[725]
[726]
1
2
[भागII—खण्ड 3(i)]
भारतकाराजपत्र:असाधारण
17
3
Total
Date of
deduction
(dd/mm/yyyy)
Rate at
which
deducted
Reason for
non-
deduction/
lower
deduction/
grossing up/
Higher
Deduction
(See notes1 to
10)
Number of
the
certificate
issued by the
Assessing
Officer for
non-
deduction/
lower
deduction
Whether
the rate
of TDS
is as per
IT Act
(a) DTAA
(b)
Nature
of
Remittanc
e
Unique
Acknowledgement
of the
corresponding
Form No. 15CA, if
available
Country to
which
remittance
is made
Email
ID of
deducte
e
Contact
number
of
deductee
Address
of
deductee
in country
of
residence
Tax Identification
Number/ Unique
identification
number of
deductee
[727]
[728]
[729]
[730]
[731]
[732]
[733]
[734]
735
736
737
738
1
2
3
Total
Verification
I, ............................................................................................................................. , hereby certify that all the particulars furnished above are correct andcomplete.
........................................................................................... .................................
Place:
..............................
Signature of the person responsible for deducting tax atsource
Date:
..................................................................................
......................................................................
Name and designation of the person responsible for deducting tax at source
Notes:
1. Write “A” if “lower deduction” or “no deduction” is on account of a certificate under section197.
2. Write “C” if grossing up has beendone.
3. Write “D” if deduction is on higher rate under section 206AA on account of non-furnishing of Permanent Account Number or Aadhaar Numberor non-linking of PAN with
Aadhar.
4. Write “E” if no deduction is in view of sub-section (2A) of section 194LBA.
18
THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II—SEC. 3(i)]
5. Write "M" if no deduction or lower deduction is on account of notification issued under second proviso to section 194N.
6. Write "N" if no deduction or lower deduction is on account of payment made to a person referred to in the third proviso to section 194N or on account of notification issued
under the fourth proviso to section 194N.
7. Write “O” if no deduction is in view of clause (a) or (b) of sub-section (1D) of section 197A.
8. Write “H” if no deduction is in view of proviso to sub-section (1A) of section 196D in respect of an income paid to a specified fund which is exempt under clause (4D) of
section 10.
9. Write “I” if no deduction is in view of sub-section (2) of section 196D in respect of income of the nature of capital gains on transfer of securities referred to in section
115AD paid or payable to a Foreign Institutional Investor.
10. Write “J” if deduction is at higher rate in view of section 206AB for non-filing of return of income by the non-resident having a permanent establishment in India*.
11. List of section codes is asunder:
Section
Nature of Payment
Section Code
192A
Payment of accumulated balance due to an employee
192A
194E
Payments to non-resident Sportsmen/Sport Associations
94E
194LB
Income by way of interest from infrastructure debt fund
4LB
194LBA(a)
income referred to in section 10(23FC)(a) from units of a business trust.
LBA1
194LBA(b)
Income referred to in section 10(23FC)(b) from units of a business trust
LBA2
194LBA(c)
Income referred to in section 10(23FCA) from units of a business trust
LBA3
194LBB
Income in respect of units of investment fund
LBB
194LBC
Income in respect of investment in securitisation trust
LBC
194LC
Income by way of interest from Indian company
4LC
194LD
Income by way of interest on certain bonds and Government securities.
4LD
194N
Payment of certain amounts in cash
94N
194N First Proviso
Payment of certain amount in cash to non-filers.
4N-F
195
Other sums payable to a non-resident
195
196A
Income in respect of units of Non-Residents
96A
196B
Payments in respect of Units to an Offshore Fund
96B
196C
Income from Foreign Currency Bonds or shares of Indian Company payable to Non-Resident
96C
196D(1)
Income of foreign institutional investors from securities under sub-section (1)
96D
[भागII—खण्ड 3(i)]
भारतकाराजपत्र:असाधारण
19
196D(1A)
Income of specified fund from securities referred to in clause (a) of sub-section (1) of section 115AD (other than interest income referred
to in section 194LD)
96DA
12.
In case of deductees covered under rule 37BC, Permanent Account Number or Aadhaar Number NOT AVAILABLE should be mentioned.”
* Note In relation to section 206AB, the changes shall come into effect from 1st July, 2021.
[Notification No. 71/2021/F. No. 370142/19/2021-TPL]
KAMLESH CHANDRA VARSHNEY, Jt. Secy. (Tax Policy and Legislation Division)
Note: The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii) vide notification number S.O. 969 (E), dated the 26th March,
1962 and last amended vide notification number G.S.R. 338(E) dated 24th May, 2021
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.
